CEO layoff leaders also led in pay in '09: study

Discussion in 'Up to the Minute' started by Dark Knight, Sep 1, 2010.

  1. Dark Knight

    Dark Knight New Member

    Messages:
    21,642
    Likes Received:
    0
    Trophy Points:
    0
    BOSTON (Reuters) – As U.S. companies shed millions of workers during the recession, the CEOs who laid off the most people brought home pay that was significantly higher than that of their peers, a study released on Thursday found.


    The CEOs of the 50 U.S. companies that laid off the most workers between November 2008 and April 2010 were paid $12 million on average in 2009, or 42 percent more than the average across the Standard & Poor's 500, according to a study by the Institute for Policy Studies, a Washington think tank.


    http://news.yahoo.com/s/nm/20100901/us_nm/us_usa_corporate_layoffs
     
  2. Loading...


  3. Quiche

    Quiche New Member

    Messages:
    9,086
    Likes Received:
    2
    Trophy Points:
    0
    :snooty:
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice